Proposal for addition of stock of clothes and shoes

Entrepreneur

About Me

I was born and raised in Bomet County, Rift Valley, Kenya. I finished my high school in the year 2007 in Moi Siongiroi High School. I started my CPA and finished in the year 2015.
Currently I have a business in Bomet Town which I started immediately I finished my CPA.

My Business

I sell ladies clothes ranging from sweaters, tops and skirts.
I have studied the market of Bomet and I have realized that ladies do want clothes that are trendy yet pocket friendly.
Fashion and trendy clothes have been a passion that I had since and opening this shop has helped me fulfill the passion at the same time making a living.
My typical costs include cost of stock, rent and license.
I use the profits I get to increase stock and I am planning to introduce a certain type of shoes that I see trends.

Loan Proposal

I want to add stock of new clothe; 10 ladies trousers each costing $1.5, 10 skirts each costing $1.2 and ladies open shoes each costing $3.5.
This new stock will move fast as this time is approaching festive season. The benefit in terms of profit is projected to be $1.5 for each trouser as the selling price is targeted at $3, $1.3 for each skirts after selling at $ 2.5 and $ 2 for each pair of open shoe at selling price of $5.5.
The profit earned will help me increase my stock hence growing my business. I am also planning on employing a salesperson who will help me in marketing my products.
As the festive season is approaching I expect to earn at least 100% on each item I sell which translate to $3.8.
Thank you as you plan to fund my proposal.

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